American Shotcrete Association
- Assets
- $734.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Wakefield, MA
- Founding
- 08/2000
- Data as of
- 12/2023
- EIN
- 54-1895122
Organization Overview
American Shotcrete Association is located in Wakefield, MA. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Shotcrete Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, American Shotcrete Association generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN SHOTCRETE ASSOCIATION (ASA) PROVIDES KNOWLEDGE RESOURCES, QUALIFICATION, CERTIFICATION, EDUCATION, AND LEADERSHIP TO INCREASE THE ACCEPTANCE, QUALITY, AND SAFE PRACTICES OF THE SHOTCRETE PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: EDUCATION AND TESTING OF INDIVIDUALS TO INCREASE KNOWLEDGE OF THE SHOTCRETE PROCESS AND PROMOTE BEST PRACTICES IN ITS APPLICATION.
PUBLICATIONS: QUARTERLY SHOTCRETE INDUSTRY MAGAZINE IS DESIGNED TO EDUCATE AND PROMOTE THE USE OF SHOTCRETE FEATURING: CASE STUDIES, TECHNICAL ARTICLES, ASSOCIATION AND INDUSTRY NEWS AND NEW PRODUCT INFORMATION.
MEMBERSHIP MEETINGS AND CONVENTION: COMMITTEE MEETINGS HELD TO DISCUSS AND CHART THE COURSE OF THE ASSOCIATION AND ITS PROGRAMS AND PRODUCTS. ANNUAL CONVENTION PROVIDES EDUCATIONAL SESSIONS, COMMITTEE MEETINGS AND AWARDS RECOGNITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oscar Duckworth Secretary | OfficerTrustee | 1 | $37,350 |
Lars Balck Past President | OfficerTrustee | 1 | $2,825 |
Frank Townsend President | OfficerTrustee | 1 | $0 |
Bill Geers Vice President | OfficerTrustee | 1 | $0 |
Jason Myers Treasurer | OfficerTrustee | 1 | $0 |
Bruce Russell Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Virtual Inc Management Services | 12/30/23 | $329,348 |
Amplify Hr Management Management Services | 12/30/23 | $435,885 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,227,787 |
| Investment income | $9,845 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,899 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,745 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,266,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,175 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $630,619 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,921 |
| Office expenses | $123,570 |
| Information technology | $22,195 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $338,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,930 |
| All other expenses | $0 |
| Total functional expenses | $1,307,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,410 |
| Savings and temporary cash investments | $324,916 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,736 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,280 |
| Prepaid expenses and deferred charges | $31,083 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $19,200 |
| Other assets | $34,300 |
| Total assets | $734,925 |
| Accounts payable and accrued expenses | $48,081 |
| Grants payable | $0 |
| Deferred revenue | $245,200 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $293,281 |
| Net assets without donor restrictions | $441,644 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $734,925 |